is an alcoholic opium extract, used as a medication to control diarrhea. It contains morphine, an opioid pain reliever, which is helpful in reducing gastrointestinal motility, secretions, propulsion, and increasing gastrointestinal muscle tone. Globally, increased prevalence rate of diabetic patients and geriatric population and The increasing usage of opium tincture for medicinal applications are the prime growth drivers of global Opium Tincture market. In addition, emerging economies such as China, India and others, will create new opportunities for global Opium Tincture market. However, overdose leads to severe respiratory depression or death is the key restraints for global opium tincture market.
Geographically, Legal growing of opium for medicinal use currently takes place in India, Turkey, and Australia. Afghanistan is the major producer of opium. Besides Afghanistan, smaller quantities of opium are produced in Pakistan, the Golden Triangle region of Southeast Asia (particularly Burma), Colombia, Guatemala, and Mexico. In South American countries, opium poppies are technically illegal, but nonetheless appear in some nurseries as ornamentals.
This report identifies the Opium Tincture market
size in for the year 2016-2021, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to Opium Tincture market.This report segments global Opium Tincture market on the basis of method of praparation, and regional market as follows:
- Global Opium Tincture Market By Method of Preparation: tinctura opii, tinctura opii camphorata (paregoric), pulvis opii (opium powder), vinum opii (herbal wine), sirupus opii (opium syrup), and extractum opii (opium extract) and Others
- This report has been further segmented into major regions, which include detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region. The major countries considered under the Asia-Pacific region are India, China, South Korea and Japan. The major countries considered under the European region are Germany, U.K., France, Italy, Spain and Russia. The major countries considered under the North American region are United States, Canada and Mexico
This report identifies all the major companies operating in the global Opium Tincture market. Some of the major companies’ profiles in detail are as follows:
- MacFarlan Smith
- Johnson and Johnson
- Shionogi Pharmaceutical
- Johnson Matthey